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Home My WebLink About07642ORDINANCE NO. 7642 AN ORDINANCE AMENDING APPROPRIATIONS AND COMPILING PREVIOUS AMENDMENTS TO THE GENERAL FUND, SPECIAL REVENUE FUNDS, ENTERPRISE FUNDS, INTERNAL SERVICE FUNDS, DEBT SERVICE FUNDS, AND CAPITAL PROJECT FUNDS FOR THE FISCAL YEAR 2007 AND AMENDING THE BUDGET FOR THE YEAR 2007 BE IT ORDAINED BY THE CITY OF PUEBLO that: SECTION 1. The budget for the fiscal year 2007, with amendments made thereto by the City Council, the original of which is on file with the Director of Finance, is incorporated herein in full, and hereby approved. SECTION 2. The General Fund Revenue for Fiscal Year 2007 is hereby amended as follows: SOURCE ORIGINAL AMENDED 8,041,716 Taxes 54,336,314 54,704,288 Licenses & Permits 561,000 561,000 Intergovernmental 1,262,441 1,262,441 Charges for Service 3,156,756 3,156,756 Fines & Forfeits 1,693,000 1,693,000 Other Revenue 940,300 1,025,300 Transfers In 3,270,279 3,570,279 Fund Balance 3,433,628 4,729,820 GENERAL FUND TOTAL 68,653,711 70,702,884 SECTION 3. The General Fund Expenditure budget by Department for the Fiscal Year 2007 is hereby amended as follows: SOURCE ORIGINAL AMENDED General Government 7,923,586 8,041,716 Police 23,057,961 23,204,305 Fire 13,412,636 13,412,636 Public Works 7,415,700 7,480,400 Parks 4,068,203 4,150,203 Non - Departmental 5,711,190 5,688,190 Transfers Out 7,064,442 8,725,434 GENERAL FUND TOTAL 68,653,718 70,702,884 SECTION 4. The revenue of Special Revenue Funds, Enterprise Funds, Debt Service Fund, and Capital Project Funds for the Fiscal Year 2007 are hereby amended as follows: OTHER FUNDS ORIGINAL AMENDED INTERGOVERNMENTAL 4,852,092 5,369,202 SPECIAL CHARGES 2,634,783 2,634,783 SPECIAL DISTRICT 376,828 376,828 OTHER SPECIAL REVENUE 114,600 154,600 HUD GRANTS 8,167,340 10,837,956 PUBLIC IMPROVEMENT GRANTS 9,015,343 17,577,391 DEBT SERVICE FUND 1,253,552 1,456,462 ECONOMIC DEVELOPMENT TAX 12,741,501 21,453,670 HARP 2,548,412 2,643,604 EL PUEBLO - 61,278 ARKANSAS LEGACY - 609,083 LAKE MINNEQUA 4,650,000 4,726,300 POLICE BUILDING 12,690,533 13,636,236 ELMWOOD GOLF COURSE 1,095,500 1,120,570 WALKINGSTICK GOLF COURSE 1,415,898 1,531,815 MEMORIAL AIRPORT 3,130,601 5,934,905 PUEBLO TRANSIT 3,962,835 4,328,544 PARKING FACILITIES 374,950 374,950 SEWER USER FUND 8,274,300 11,848,968 STORMWATER UTILITY 3,001,758 3,914,123 INTERNAL SERVICE FUNDS 5,350,265 5,360,265 SECTION 5. Budgeted expenditures for the Special Revenue Funds, Enterprise Funds, Debt Service Fund, and Capital Projects Funds for the Fiscal Year 2007 are hereby amended as follows: OTHER FUNDS ORIGINAL AMENDED INTERGOVERNMENTAL 4,852,092 5,369,202 SPECIAL CHARGES 2,634,783 2,634,783 SPECIAL DISTRICT 376,828 376,828 OTHER SPECIAL REVENUE 114,600 154,600 HUD GRANTS 8,167,340 10,837,956 PUBLIC IMPROVEMENT GRANTS 9,015,343 17,577,391 DEBT SERVICE FUND 1,253,552 1,456,462 ECONOMIC DEVELOPMENT TAX 12,741,501 21,453,670 HARP 2,548,412 2,643,604 EL PUEBLO - 61,278 ARKANSAS LEGACY - 609,083 LAKE MINNEQUA 4,650,000 4,726,300 POLICE BUILDING 12,690,533 13,636,236 ELMWOOD GOLF COURSE 1,095,500 1,120,570 WALKINGSTICK GOLF COURSE 1,415,898 1,531,815 MEMORIAL AIRPORT 3,130,601 5,934,905 PUEBLO TRANSIT 3,962,835 4,328,544 PARKING FACILITIES 374,950 374,950 SEWER USER FUND 8,274,300 11,848,968 STORMWATER UTILITY 3,001,758 3,914,123 INTERNAL SERVICE FUNDS 5,350,265 5,360,265 SECTION 6. No expenditures shall be made or warrants issued against any monies appropriated, except in strict conformity with the Charter of the City of Pueblo and in accordance with the provisions or this Ordinance. SECTION 7. This Ordinance shall become effective upon passage. APPROVED: a ESID NT%J City Council ATTESTED BY: CITY CLERK INTRODUCED Auqust 13, 2007 BY Randy Thurston Councilperson PASSED AND APPROVED: August 27, 2007 Ora. - I(0gZ 7 Background Paper for Proposed ORDINANCE AGENDA ITEM # 30 2 Z DATE: AUGUST 13, 2007 DEPARTMENT: DEPARTMENT OF FINANCE ROBERT F. HAIN, DIRECTOR TITLE AN ORDINANCE AMENDING APPROPRIATIONS AND COMPILING PREVIOUS AMENDMENTS TO THE GENERAL FUND, SPECIAL REVENUE FUNDS, ENTERPRISE FUNDS, INTERNAL SERVICE FUNDS, DEBT SERVICE FUNDS, AND CAPITAL PROJECT FUNDS FOR THE FISCAL YEAR 2007 AND AMENDING THE BUDGET FOR THE YEAR 2007 ISSUE Should the City Council amend the original budget? RECOMMENDATION Adopt the Ordinance as proposed. BACKGROUND During the first six months of 2007, City Council adopted several ordinances amending the budget. In addition, budgets still exist from projects that began in a prior year and are not yet completed, as well as encumbrances and other obligations carried forward from prior year. Since the 2007 budget was finalized in November of 2006, the 2007 original budget estimated the year -end balance of these projects. This amending ordinance will reflect the exact amount of project balance in each fund as well as other adjustments to budget estimates that are of a housekeeping nature. In years past, this type of ordinance was only presented at the end of the year, but beginning in 2004 a mid -year budget ordinance was introduced to facilitate better monitoring of the City's on -going capital construction and grant- funded projects. The 2007 mid -year budget ordinance is continuing the process that began in 2004 to increase the monitoring of the City's financial position. FINANCIAL IMPACT This action summarizes previously approved council and administrative changes to the budget. A detailed listing of items being adjusted, excluding items previously approved by council and capital projects being carried forward, is attached. MID -YEAR BUDGET ADJUSTMENT August 27, 2007 Department Amount Description Source of Funds Airport 6,500 Termite treatment Airport 5,000 Vehicle repairs Sales tax revenue FEMA reimbursement City Council 50,000 Legal - Aquila /Black Hills Sales tax revenue City Council 30,000 IRS issues Sales tax revenue City Council 42,000 PD arbitration Sales tax revenue City Council 6,000 Kogovsek Sales tax revenue Law Department (37,276) Per request of City Attorney Sales tax revenue Parks 60,000 Part time salaries (minimum wage increase) Sales tax revenue Parks 22,000 Fuel and utilities Sales tax revenue Municipal Court 27,406 Addl bldg cost/night court/utilities new bldg Sales tax revenue Police 13,500 Repairs - lightning strike (no insurance) Sales tax revenue Police 67,844 Second weed abatement crew w /equipment Sales tax revenue Police 25,000 Extended warranties - laptops Sales tax revenue Police 40,000 Computer maintenance Sales lax revenue Police 25,000 Informant buy money Federal Forfeiture Pub Works - Buildings 15,000 Building repairs Sales tax revenue Pub Works- Streets 6,700 Overtime - Fountain Creek Levee repair General Fund reserves Pub Works- Streets 30,000 Part time salaries FEMA reimbursement Fleet Maintenance 10,000 Lube technician -part time Fleet revenue Elmwood Golf Course 10,000 Rangers Green fees Elmwood Golf Course 10,070 Fuel Cart rental revenue Elmwood Golf Course 5,000 Minimum wage increase Green fees Walkingstick Golf Cours 10,000 Rangers Green fees Walkingstick Golf Cours 7,438 Fuel Cart rental revenue Walkingstick Golf Cours 5,000 Minimum wage increase Green fees Capital Improvement Fu 17,110 Horseshoe Lodge Roof repair Lottery Funds Capital Improvement Fu 130,470 Fountain Creek Levee breach General Fund reserves Capital Improvement Fu 750,000 Mitchell bathhouse & spraypark General Fund reserves Capital Improvement Fu 50,000 Vehicle replacement (loader) FEMA reimbursement TOTAL 1,439,762 REVENUE RECAP: Sales tax revenue 367,974 General Fund reserves 887,170 FEMA reimbursement 85,000 Federal forfeiture 25,000 Fleet revenue 10,000 Green fees 30,000 Golf cart rentals 17,508 Lottery funds 17,110 1,439,762